AT&T is doing exactly what it told Congress it wouldn’t do with Time Warner

AT&T’s decision to prevent Time Warner-owned shows from streaming on Netflix and other non-AT&T services reduced the company’s quarterly revenue by $1.2 billion, a sacrifice that AT&T is making to give its planned HBO Max service more exclusive content. AT&T took the $1.2-billion hit despite previously telling Congress that it would not restrict distribution of Time Warner content, claiming that would be “irrational business behavior.” – Jon Brodkin, Ars Technica » https://ift.tt/2UnImdq [photo: Orin Zebest/Flickr]